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Patel Engineering's CFO Kavita Shirvaikar On Q1 Earnings, New Projects & Plans For FY24

Patel Engineering's CFO Kavita Shirvaikar On Q1 Earnings, New Projects & Plans For FY24

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Aug 23, 2023,
  • Updated Aug 23, 2023, 12:55 PM IST

 

Patel Engineering's CFO Kavita Shirvaikar speaks with BTTV's Shail Bhatnagar and Sakshi Batra on Q1 earnings, new projects & plans for FY24. Patel Engineering's performance in the first quarter of FY24 was outstanding, with an increase in revenue from operations of more than 20% compared to the same quarter the prior year, reaching Rs 1090.70 crore. The operational EBITDA increased significantly by over 23 percent to Rs 152.2 crore. A significant increase of 283.94 percent, or Rs 130.76 crore, was seen in net profit.

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